💡 Insurance is the most effective and efficient solution to guarantee the long-term integrity of carbon removals. This is why it has stood the test of time across all industries. We need to make it work for carbon markets! 🤓 CarbonPool's white paper is a deep dive into buffer pools, the prevalent approach to permanence in carbon markets today. Nandini Wilcke and Elias Ayrey (PhD) from Renoster show how buffer pools come up short in solving this task. Only insurance can provide market participants with reliable guarantees in the long-term.
🚨 New white paper release! CarbonPool and Renoster have released a new white paper, titled "Buffer pools: Why the carbon market needs a new approach to permanence and how insurance can help." The white paper sheds light on how registry buffer pools - the carbon market's main mechanism to secure carbon credit permanence and mitigate against reversals - risk failing to deliver on their promise in the long-term--and how risk mitigation solutions like insurance can do what buffer pools can't, including ensuring carbon credits' permanence for 100+ years. The report is released in tandem with our upcoming webinar on July 22 at 4pm CEST / 10am EST, where CarbonPool co-founder and COO Nandini Wilcke will discuss this topic further with Elias Ayrey (PhD) from Renoster, Dr. Kirti Ramesh from BeZero Carbon, and Injy Johnstone from the University of Oxford. Link to the report page and the webinar are in the comments below. For anyone interested in building a mature carbon market where investing in carbon removal projects is safe and secure, and can scale to meet our global climate goals, this report and webinar are for you.
